China’s stainless steel imports fall in Jul
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Update time : 2022-09-05 18:59:58
According to statistics from the Stainless Steel Branch of China Special Steel Enterprises Association, China’s stainless steel exports totaled around 416,000 tons in July this year, falling by 15.1% compared to the preceding month while rising by 1.45% from the same month a year ago.
In terms of imports, the volume reached roughly 178,000 tons in July, a month-on-month decrease of 34.2% and a year-on-year drop of 19.1%.
Among them, Indonesia was the major import source during the period, with a total volume of 140,000 tons, down by 36.4% month on month and by 17.7% year on year.
In the first seven months of this year, China’s stainless steel imports amounted to 1.86 million tons, hiking by 14.4% year on year. The imports from Indonesia accounted for 1.56 million tons, a year-on-year increase of 31.3%.
